Mining, Metals & Minerals

Rio Tinto in talks to buy Glencore to form world’s biggest miner

Rio Tinto and Glencore have confirmed early-stage takeover talks that could reshape the global mining sector, with UK takeover rules forcing Rio to decide by Feb. 5 while investors, rivals and regulators focus on coal exposure, the value of Glencore’s trading arm and the geopolitical stakes around copper.